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Econophysics is a new area developed recently by the cooperation between economists, mathematicians and physicists. It's not a tool to predict future prices of stocks and exchange rates. It applies idea, method and models in Statistical…

软凝聚态物质 · 物理学 2007-05-23 Yougui Wang , Jinshan Wu , Zengru Di

Econophysics embodies the recent upsurge of interest by physicists into financial economics, driven by the availability of large amount of data, job shortage in physics and the possibility of applying many-body techniques developed in…

综合金融 · 定量金融 2008-12-02 G. Daniel , D. Sornette

This is an invited article for the Discussion and Debate special issue of The European Physical Journal Special Topics on the subject "Can Economics Be a Physical Science?" The first part of the paper traces the personal path of the author…

经济学 · 定量金融 2017-03-22 Victor M. Yakovenko

We review an emerging body of work by physicists addressing questions of economic organization and function. We suggest that, beyond simply employing models familiar from physics to economic observables, remarkable regularities in economic…

物理与社会 · 物理学 2007-05-23 J. Doyne Farmer , Eric Smith , Martin Shubik

Econophysics is an approach to quantitative economy using ideas, models, conceptual and computational methods of statistical physics. In recent years many of physical theories like theory of turbulence, scaling, random matrix theory or…

凝聚态物理 · 物理学 2007-05-23 Z. Burda , J. Jurkiewicz , M. A. Nowak

This paper debates the contribution of Econophysics to the economic or financial domains. Since the traditional approach performed by Economics or Finance has revealed to be insufficient in fully characterizing and explaining the…

综合金融 · 定量金融 2010-06-28 Sonia R. Bentes

In line with the recent research and debates about econophysics and financial economics, this article discusses on usual misunderstandings between the two disciplines in terms of modelling and basic hypotheses. In the literature devoted to…

综合金融 · 定量金融 2017-08-25 Marcel Ausloos , Franck Jovanovic , Christophe Schinckus

The conventional economic approaches explore very little about the dynamics of the economic systems. Since such systems consist of a large number of agents interacting nonlinearly they exhibit the properties of a complex system. Therefore…

综合物理 · 物理学 2012-04-01 B. G. Sharma , Sadhana Agrawal , Malti Sharma , D. P. Bisen , Ravi Sharma

The enterprise of trying to explain different social and economic phenomena using concepts and ideas drawn from physics has a long history. Statistical mechanics, in particular, has been often seen as most likely to provide the means to…

物理与社会 · 物理学 2019-06-28 Shakti N. Menon , V. Sasidevan , Sitabhra Sinha

In the light of contemporary discussions of inter and transdisciplinarity, this paper approaches econophysics and sociophysics to seek a response to the question -- whether these interdisciplinary fields could contribute to physics and…

物理与社会 · 物理学 2017-01-03 Anirban Chakraborti , Dhruv Raina , Kiran Sharma

Physics and economics are two disciplines that share the common challenge of linking microscopic and macroscopic behaviors. However, while physics is based on collective dynamics, economics is based on individual choices. This conceptual…

物理与社会 · 物理学 2011-08-25 Sebastian Grauwin , Dominic Hunt , Eric Bertin , Pablo Jensen

We believe that economists have much to learn from educational research practices and related pedagogical innovations in other disciplines, in particular physics education. In this paper we identify three key features of physics education…

物理教育 · 物理学 2008-07-23 Scott P. Simkins , Mark H. Maier

Economics does not need a scientific revolution. Economics needs accurate measurements according to high standards of natural sciences and meticulous work on revealing empirical relationships between measured variables.

综合金融 · 定量金融 2009-04-07 Ivan O. Kitov

Contrary to claims about the irrelevance of philosophy for science, I argue that philosophy has had, and still has, far more influence on physics than is commonly assumed. I maintain that the current anti-philosophical ideology has had…

物理学史与哲学 · 物理学 2018-06-06 Carlo Rovelli

The 'Discussion & Debate' issue of this Euro. Phys. J. Special Topic volume is: 'Can economics be a Physical Science?' I would rather address a more general question: 'Can economics or sociology avoid joining Natural Science?' and argue…

物理学史与哲学 · 物理学 2017-01-04 Bikas K. Chakrabarti

The paper argues that attracting more economists and adopting a more-precise definition of dynamic complexity might help econophysics acquire more attention in the economics community and bring new lymph to economic research. It may be…

综合金融 · 定量金融 2020-02-03 Paolo Magrassi

In this editorial guide for the special issue on econophysics, we give a unique review of this young but quickly growing discipline. A suggestive taxonomy of the development is proposed by making a distinction between classical econophysics…

综合金融 · 定量金融 2011-07-28 Shu-Heng Chen , Sai-Ping Li

Most of the econometric and econophysics models have been borrowed from the statistical physics, and as a cosequence, a new interdisciplinary science called econophysics has emerged. In this paper we planned to extend the analogy between…

综合金融 · 定量金融 2008-12-02 Ion Spanulescu , Anca Gheorghiu

Many economic theories have been introduced over the course of history to articulate our understanding of the economy. Classical theories by Adam Smith and David Ricardo's Comparative Advantage have been foundational for the last century's…

理论经济学 · 经济学 2025-11-19 Sidharth Gat

We are in the middle of a complex debate as to whether Economics is really a proper natural science. The 'Discussion & Debate' issue of this Euro. Phys. J. Special Topic volume is: 'Can economics be a Physical Science?' I discuss some…

综合金融 · 定量金融 2017-03-01 Arnab Chatterjee
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